Germany's largest bank Deutsche Bank plans to reduce the number of employees globally to more than 7 thousand people, which will be the first major step of the new CEO in an effort to reduce costs and restore profitability.

In the first quarter of 2018, economic growth in the euro area slowed, and industrial production in March grew less than expected. This is reported by the Statistical Office of the European Union (Eurostat).

More and more countries avoid investments in US debt obligations. Is the hegemony of the US dollar coming to an end? Over the past few years, the dollar has been supported by demand from foreign central banks, but now everything has changed. Now even Japan reduces the amount of treasuries in its reserves - according to the table, the state debt of the countries of the world in 2017 the country is on the first place.

Net income of the largest US bank by assets JPMorgan Chase & Co. in the I quarter of 2018 increased to $ 8.71 billion, or up to $ 2.37 per share. For the same period last year, the profit was $ 6.45 billion, or $ 1.65 per share, according to the bank's statements.

In February 2018, bank lending to companies in the euro area weakened, while its level remains close to the multi-year high, according to the European Central Bank (ECB). Lending to non-financial corporations increased 3.1% year-on-year after growth of 3.4% in January, when lending grew at the strongest pace since May 2009.